Under terms of the project, Everbright Water will hold a 98% equity interest, based on a build-operate-transfer model for a "cooperation" period of 30 years, which includes the time needed for construction.
China Everbright Water, listed on both the Singapore and Hong Kong exchanges, has won a water treatment project worth some RM668 million.
The contract is to deliver the Shen County Waste Water Treatment (Plant 3) and ancillary pipeline network in Shandong province via a public-private partnership structure.
